The Company ended the quarter with approximately $210 million in cash and investments. During Q1, the Company also repurchased 400,000 shares of its common stock for a total purchase price of $10.2 million.

Key financial results for first quarter 2007 versus first quarter 2006 are as follows:

(1) Includes approximately $2 million of revenue associated with patent license agreement with CallWave, Inc.

(2) Net earnings in Q1 2007 and 2006 are based on a tax rate of approximately 30%. For the full year 2006 the tax rate was approximately 27%.

"The key drivers contributing to our Q1 revenues and earnings growth were increased usage, the continued rollout of our price change, enhanced patent license revenue from our license agreement with CallWave and international expansion," said Scott Turicchi, co-president and chief financial officer.

BUSINESS OUTLOOK

"We are pleased to report that we have spent significant resources on rolling out our new voice services - Onebox(R) and eVoice Receptionist(TM)," said Hemi Zucker, co-president and chief operating officer. "Initial paid subscriber signups for these services have exceeded our expectations. As a result of this positive initial performance, we have increased our commitment of people and marketing resources to take advantage of this market opportunity."

Q2 2007 Estimates

For the second quarter of 2007, j2 Global anticipates revenues to approximate $53.4 million to $54.8 million and Non-GAAP EPS to approximate $0.35 to $0.36. This earnings estimate assumes an effective tax rate for Q2 2007 of approximately 30% and 50.9 million diluted shares. The Company expects to incur SFAS 123(R) (expensing for stock-based compensation) expense, net of taxes, for the quarter of approximately $0.02 per diluted share.

A summary of this Q2 2007 financial guidance is set forth in the table below:

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this Press Release are "forward-looking statements" within the meaning of The Private Securities Litigation Act of 1995, particularly those contained in the "2007 Estimates" portion (and specifically Q2 and fiscal year 2007 estimates). These forward-looking statements are based on management's current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items: Subscriber growth and retention; protection of the Company's proprietary technology or infringement by the Company of intellectual property of others; the risk of adverse changes in the U.S. or international regulatory environments surrounding unified messaging and telecommunications, including but not limited to the imposition of additional taxation or regulatory-related fees; and the numerous other factors set forth in j2 Global's filings with the Securities and Exchange Commission ("SEC"). For a more detailed description of the risk factors and uncertainties affecting j2 Global, refer to the 2006 Annual Report on Form 10-K filed by j2 Global on March 12, 2007, and the other reports filed by j2 Global from time-to-time with the SEC, each of which is available at www.sec.gov. The financial estimates provided in the "Business Outlook" portion of this press release (and specifically Q2 and fiscal year 2007 estimates) are based on limited information available to the Company at this time, which is subject to change. Although management's expectations may change after the date of this press release, the Company undertakes no obligation to revise or update these financial estimates.